Economy

These are 10 products that have increased in price in the last week.

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The war in Ukraine has fueled a steady rise in food prices, and this week was no exception.

One Deco protest analysis compared to practical values ​​shows that the price of a basket of basic foodstuffs increased by 0.95% (+1.91 euros) between 8 and 15 June, reaching a value of 203.20 euros.

Since Feb. 23, when Decaux began his analysis, the day before Russia’s invasion of Ukraine, buying the same basket of groceries costs €19.57 (10.66%) more.

The Consumer Protection Association monitors weekly prices for a basket of 63 staples, which includes items such as turkey, chicken, hake, horse mackerel, onions, potatoes, carrots, bananas, apples, oranges, rice, spaghetti, sugar. , ham, milk, cheese and butter.

This week, the ten products with the highest price increases were fresh hake (up to 17%), Carolina rice (up to 9%), deep-frozen peas (up to 8%), sea bass (up to 6%), black sheath (up to 6%), hake medallions (plus 6%), sea bream (plus 4%), red potatoes (plus 4%), douradinho fish (plus 4%) and zucchini (plus 3%).

When analyzing only the categories of products with the largest price increase in the period from February 23, on the eve of the outbreak of the armed conflict in Ukraine, to June 15, vegetable oil stands out the most with a percentage increase of 50″, according to Dec.

The association explains that this increase is due to the fact that Portugal is “heavily dependent on foreign markets to guarantee the supply of cereals needed for domestic consumption”, which “currently represent only 3.5% of national agricultural production: mainly corn (56 %). , wheat (19%) and rice (16%).

“And if in the early 1990s self-sufficiency in grain was about 50%, now the value does not exceed 19.4%, which is one of the lowest rates in the world and forces the country to import about 80% of grain. ” adds Deku.

The organization elaborates that “the Russian invasion of Ukraine, where most of the grains consumed in the European Union come from, and Portugal has thus put even more pressure on the sector, which had been struggling for months with the effects of the pandemic and drought. strong impact on production and stockpiling.”

“Limiting the supply of raw materials and increasing the cost of production, namely the energy needed for agri-food production, can thus be reflected in higher prices in international markets and, consequently, in prices at the consumer,” he emphasizes.

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